Change - Announcement of Cessation::Cessation of Mr. Basil Chan as Non-Executive Independent Director

Issuer & Securities

Issuer/ Manager
YOMA STRATEGIC HOLDINGS LTD.
Securities
YOMA STRATEGIC HOLDINGS LTD - SG1T74931364 - Z59
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
20-Nov-2017 18:54:55
Status
New
Announcement Sub Title
Cessation of Mr. Basil Chan as Non-Executive Independent Director
Announcement Reference
SG171120OTHRK663
Submitted By (Co./ Ind. Name)
Melvyn Pun
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr. Basil Chan as Non-Executive Independent Director ("NEID"), Chairman of the Audit and Risk Management Committee, member of the Nominating and Governance Committee and Remuneration Committee.

Additional Details

Name Of Person
Basil Chan
Age
66
Is effective date of cessation known?
Yes
If yes, please provide the date
22/12/2017
Detailed Reason (s) for cessation
Mr. Basil Chan resigns on his own accord.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
17/08/2006
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
NEID, Chairman of the Audit and Risk Management Committee, member of the Nominating and Governance Committee and Remuneration Committee.
Role and responsibilities
NEID, Chairman of the Audit and Risk Management Committee, member of the Nominating and Governance Committee and Remuneration Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
645,181 shares
Past (for the last 5 years)
Singapore Institute of Directors
Teledata (Singapore) Ltd.
Singapore eDevelopment Limited
SBI Offshore Limited
MBE Capital Pte Ltd
Present
Grand Banks Yachts Limited
Global Invacom Group Limited
AEM Holdings Limited
MBE Corporate Advisory Pte Ltd